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Product category: People in Manufacturing
News Release from: Muller Weingarten
Edited by the Manufacturingtalk Editorial Team on 12 September 2006

Power press builder appoints management
team

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Leading manufacturer of power pesses, metal-forming, forging systems has re-organized its management team and company structures to achieve lean operations as well as to pool competencies.

Muller Weingarten, a globally leading manufacturer of metal forming systems for the automotive and supply industry re-organizes its management team and structures The supervisory board has appointed Wolfgang Wagner, 44, as the management board member for the new 'Corporate Development' function, effective from 8 September 2006

Wagner, a business economist by profession, worked as a consultant in the automotive and mechanical engineering industries for 20 years and is a managing partner of Atlantic European Partners, an investment and consulting firm based in Frankfurt and New York, together with Rolf Zimmermann, chairman of the board of management.

Three new functions are set up beneath board level as a further key step setting the course for the strategic realignment of the company.

Joachim Peter, director of the Finance and Legal Division, assumes responsibility for the business and central functions as corporate vice president Finance and Central Functions.

The previous plant manager of the company's Esslingen site, Carsten Strenger, assumes responsibility for production, logistics and purchasing as corporate vice president Operations, while for the time being the function of corporate vice president Sales and Marketing will be jointly managed by Rolf Zimmermann.

The heads of the eight operational business segments report to him.

With the appointment of the new management team, the previous members of the board of management, Helmar Assfalg and Uwe Hinderer step down on 8 September 2006 and retire from the company by common accord.

"The aim of this new organizational structure is to lean operations as well as to pool competencies," stated Zimmermann, chairman of the board of management.

The structures and processes are basically to be geared more towards the product development.

"We have to become faster and more efficient and, first and foremost, we have to optimize our added value," Zimmermann continued, "And we have put the MW Transformation Value Creation Scheme in place to do so." The core points envisaged by this scheme are increasing productivity and promoting the internationalization of operations.

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